If I was to tell you that I had a magic formula for, say, losing weight you would be right to doubt me. The only formula that works is to eat less and burn more calories. (When it comes to eating less, I have had some recent success with Valentus. See oonaugh.valentus.com ). There is no magic bullet for just about anything. But good leadership really does work like magic.
As my mentor, John Maxwell says, “Everything rises and falls on leadership.”
Good leadership can make the difference between success and failure. For a company, for a sports team, and for a family.
Jim Collins is the author of Good to Great Why Some Companies Make the Leap… And Others Don’t
It is important to understand that he developed all of the concepts in this book by making empirical deductions directly from the data. They did not begin with a theory to test or prove. They wanted to build a theory from the ground up, derived directly from the evidence.
So, early in the project, Collins kept insisting, “Ignore the executives.” But the research team kept pushing back, “No! There is something consistently unusual about them. We can’t ignore them.” And Collins would respond, “But the comparison companies also had leaders, even some great leaders. So, what’s different?” Back and forth the debate raged.
Finally—as should always be the case—the data won.
Every single one of the Good to Great Companies had Level 5 leaders. Great leadership does lead to great companies. It does leads to great teams. and it does leads to great families.
As Collins described it
“The good—to-great executives were all cut from the same cloth. It didn’t matter whether the company was consumer or industrial, in crisis or steady state, offered services or products. It didn’t matter when the transition took place or how big the company. All the good—to-great companies had Level 5 leadership at the time of transition. Furthermore, the absence of Level 5 leadership showed up as a consistent pattern in the comparison companies. Given that Level 5 leadership cuts against the grain of conventional wisdom, especially the belief that we need larger-than-life saviours with big personalities to transform companies, it is important to note that Level 5 is an empirical finding, not an ideological one.”
Leadership ability determines a person’s level of effectiveness.
And good leadership leads to happier employees. Employees who are happier are more productive, have less sick days, and give better customer satisfaction. (Studies have shown that a 1% increase in employee satisfaction leads to a 2% increase in customer satisfaction.)
Fewer sick days and happier employees leads to higher productivity.
Higher productivity leads to higher profits.
It’s works just like magic.